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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

2

Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

3

Mamdani’s pied-à-terre tax was designed to hit the wealthy, but it’s sending most New Yorkers to their estate lawyers

1

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

2

Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

3

Mamdani’s pied-à-terre tax was designed to hit the wealthy, but it’s sending most New Yorkers to their estate lawyers
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Andy Jassy said Amazon will spend $220 billion this year—and still won’t have enough capacity to meet demand

AWS revenue hit $42.2 billion in Q2, marking its fastest growth in 18 quarters as AI demand outpaces Amazon’s ability to build more data centers.

By Amanda GerutJuly 30, 2026
Tim Cook signed off on his final Apple earnings call with a warning about a ‘hundred year flood’ in memory chip pricing
Tim Cook signed off on his final Apple earnings call with a warning about a ‘hundred year flood’ in memory chip pricing
By Alexei OreskovicJuly 30, 2026
A baseball player swinging his bat with two umpires behind him.
New York Mets tap Novig as prediction market partner as MLB embraces new betting sector
By Camila Grigera NaónJuly 30, 2026
Asia drives 60% of global growth, but the region’s CEOs can’t escape geopolitics. Here’s how they can stay competitive
Asia drives 60% of global growth, but the region’s CEOs can’t escape geopolitics. Here’s how they can stay competitive
By Yasushi SasakiJuly 30, 2026
nyse
Microsoft’s $480 billion rally fuels a debate: Financial nihilism or the true AI moat finally coming into view?
By Nick LichtenbergJuly 30, 2026
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Microsoft’s stock has biggest one-day gain since 2008, adding $480 billion in market value as cloud business booms
By Amanda GerutJuly 30, 2026
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American couple walking in front of London mansion
Ultra-rich are buying up $49 million mansions in London, with ‘Trump unease’ generating a 10% rise in Americans investing in Britain

In the first half of this year, Americans accounted for 30% of London’s luxury home sales above $20 million. A real estate expert blames unease over Trump.

By Emma BurleighJuly 30, 2026
‘What planet are you on?’ Voters, pollsters mystified by Trump’s tariffs boasts in Michigan

Trump declared “Michigan is thriving” at a GM rally, but a $1,100-a-month retiree in his own crowd says he’s “forgot about the people on a fixed income.”

By Jacqueline Ganun, Will Weissert and The Associated PressJuly 30, 2026
Should AI be formally recognized as a national and global security threat? In London, politicians increasingly think so 

More than 125 U.K. lawmakers support ControlAI’s campaign, led by Luciana Berger, to have nonhuman superintelligence officially recognized as a national and global security threat.

By Kamal AhmedJuly 30, 2026
Hollywood producer behind ‘Joker,’ dozens of other films indicted for $100 million Ponzi scheme

Jason Cloth diverted investor funds meant for films into a Canadian real estate project, prosecutors say.

By Rebecca Boone and The Associated PressJuly 30, 2026
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North America
More in North America
OpenAI CEO Sam Altman walking.
As the AI industry calls for help to “pace” AI development. Has OpenAI already hit pause on some development?

Between meetings on Capitol Hill this week, Sam Altman confirmed OpenAI deactivated a model after last month’s Hugging Face breach.

By Beatrice NolanJuly 30, 2026
Taco Bell’s quick action on removing lettuce, $1 Mexican Pizza special work to win over diners, investors

Chopt and Sweetgreen haven’t been able to be as flexible, for obvious reasons.

By Dee-Ann Durbin and The Associated PressJuly 30, 2026
Polar bears roll in beds of ice cubes at Prague Zoo as Europe battles record heat

The zoo, which began icing animals two years ago, says it will order ice earlier next year after Czechia hit a record 41.9°C (107.4°F) in June.

By The Associated PressJuly 30, 2026
Probe of exclusive Michigan boarding school finds Epstein and 47 others accused of abuse

Interlochen removed Epstein’s name from a lodge after he was convicted of sex offenses in 2008. The building, renamed the Green Lake Lodge, was demolished.

By Ed White and The Associated PressJuly 30, 2026
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Asia
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Samsung posts record $62 billion profit — and investors sell off anyway

Samsung’s second-quarter operating profit was a more than 19-fold increase from a year earlier, but investors didn’t care.

By Kim Tong-Hyung and The Associated PressJuly 30, 2026
Southeast Asia is ‘hungry for innovation’ and eager to leapfrog, says SAP’s new APAC president Verena Siow

Southeast Asia, home to young, digitally-savvy populations and a rising middle class, offers fertile ground for leapfrogging.

By Angelica AngJuly 29, 2026
TSMC and Tencent break into the top 100 of the Fortune Global 500 list, as Asia rides the AI boom

Here’s who’s rising, and who’s debuting, from Asia on this year’s Global 500, Fortune’s ranking of the world’s largest companies by revenue.

By Angelica AngJuly 28, 2026
Can a global car company survive today’s complicated world? Nissan hopes to find out

“You have a China ecosystem, and you have the U.S. ecosystem,” CEO Ivan Espinosa said. “If you want to be a global company, you need to live in both.”

By Andrew StaplesJuly 28, 2026
More in Asia
Global
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Visitor look at their phone next to an Open AI's logo during the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on February 26, 2024. The world's biggest mobile phone fair throws open its doors in Barcelona with the sector looking to artificial intelligence to try and reverse declining sales. (Photo by PAU BARRENA / AFP) (Photo by PAU BARRENA/AFP via Getty Images)
‘I’m just stuck’: Meet the former OpenAI researcher sitting on $700K of equity that he says is overvalued

Andrew Ho worked at OpenAI for eight months but said he had to leave after realizing how tremendously overvalued the AI labs are. And he doesn’t think it’s a bubble.

By Eva RoytburgJuly 30, 2026
Jeff Bezos could add to the swelling ranks of American billionaires in English soccer

Half of the 20 Premier League clubs are already owned by Americans.

By Marco Quiroz-GutierrezJuly 30, 2026
Nearly a third of workers admit to sabotaging their company’s AI—and smaller paychecks may explain why

As surveys document quiet resistance and outright sabotage, Apollo’s Torsten Slok offers a theory: AI is compressing wages while leaving job counts intact.

By Nick LichtenbergJuly 30, 2026
‘I predict one day Amazon will fail’: Jeff Bezos once warned his company might only last 30 years. At 31, it’s the biggest company in the world

From humble bookstore to Fortune Global 500 giant, Amazon is now the world’s largest company by revenue.

By Sarah GlodekJuly 30, 2026
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Dow COO Karen Carter wearing a white lab coat and sitting while smiling
Newsletters
Dow’s brand-new CEO is blessed to be stressed
By Emma HinchliffeJuly 30, 2026
Aliko Dangote is leaving one-third of his $35 billion fortune ‘to humanity’—a rare move among Africa’s billionaires
Success
Aliko Dangote is leaving one-third of his $35 billion fortune ‘to humanity’—a rare move among Africa’s billionaires
By Sydney LakeJuly 30, 2026
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Success
A tech podcast inspired AI workers to donate $40 million to improve the lives of chickens, pigs, and other factory-farmed animals
By Preston ForeJuly 30, 2026
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Travel & Leisure
‘We’re still here standing’: the restaurant world’s fallen angel is reopening with its founder chef or its 3 Michelin stars
By James Brooks, Stefanie Dazio and The Associated PressJuly 30, 2026
grassmayr
Innovation
425-year-old Austrian bell foundry survives on 3D printing and lasers
By Philipp Jenne and The Associated PressJuly 30, 2026
People pass the New York Stock Exchange on the street.
Big Tech
Microsoft leads stock comeback from Wednesday carnage
By Stan Choe and The Associated PressJuly 30, 2026
Bank of England (BoE) Governor Andrew Bailey, right, and BoE Deputy Governor Clare Lombardelli attend the Monetary Policy Report press conference.
Banking
Bank of England keeps interest rates at 3.75% for fifth time this year
By The Associated Press and Danica KirkaJuly 30, 2026
The only thing more surprising than Cracker Barrel CEO’s exit may be its pick to replace her
C-Suite
The only thing more surprising than Cracker Barrel CEO’s exit may be its pick to replace her
By Phil WahbaJuly 30, 2026
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Success
Gen Z ‘teen takeovers’ go from hijinks to shootings, theft and vandalism. Blame ‘adolescent brain development’
By Safiyah Riddle, Corey Williams and The Associated PressJuly 25, 2026
A Hims cofounder fired his marketing agency for an AI-powered team. Now his 24/7 online vet service is growing 20% a month
Success
A Hims cofounder fired his marketing agency for an AI-powered team. Now his 24/7 online vet service is growing 20% a month
By Sydney LakeJuly 25, 2026
Andy Jassy
Success
As millions of Gen Zers face unemployment, CEOs of Amazon, Citi, and McDonald’s say opportunity is still there—if you have the right mindset
By Preston ForeJuly 25, 2026
Schools across America are quietly admitting that screens in classrooms made students worse off and are reversing years of tech-first policies
North America
Schools across America are quietly admitting that screens in classrooms made students worse off and are reversing years of tech-first policies
By Marco Quiroz-GutierrezJuly 25, 2026
A man stands looking out over his front porch where a sign reads, "No data centers."
Environment
Startups are installing tiny data centers in people’s homes to reduce strain on the beleaguered electrical grid
By Sasha RogelbergJuly 25, 2026
bechtel
Success
Bechtel CEO: to build America’s future, we must first build the builders
By Brendan BechtelJuly 25, 2026
Roderick Wong, MD is Managing Partner and Chief Investment Officer of RTW Investments
Commentary
When 10,000 doctors stood up and cheered for a cancer drug — America’s innovation machine made it possible
By Roderick WongJuly 25, 2026
Several members of a family standing together in front of a house
Real Estate
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going ‘back to the early 1900s’
By Nick LichtenbergJuly 25, 2026
t
Commentary
Ronald Reagan center director: How to talk politics with family, friends and neighbors, without losing them
By Frederick J. Ryan, Jr.July 25, 2026
m
Commentary
The Messi Test and how the Spaniards messed with it: what the World Cup final taught me about the jobs AI can’t touch
By Bhaskar ChakravortiJuly 25, 2026
An F/A-18E Super Hornet, attached to Strike Fighter Squadron (VFA) 14, makes an arrested landing on the flight deck of Nimitz-class aircraft carrier USS Abraham Lincoln
Success
Defense tech investors thought the war in Iran could make them millionaires. Instead, they faced a Wall Street bloodbath
By Preston ForeJuly 25, 2026
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Success
An 11-year-old is cleaning his neighbors’ trash cans for $10 each—he now has 100K followers as teens face the worst summer job market since 1948
By Orianna Rosa RoyleJuly 25, 2026
What it’s like to be a founder of the most high-stakes startup ever, OpenAI
AI
What it’s like to be a founder of the most high-stakes startup ever, OpenAI
By Alyson ShontellJuly 25, 2026
Capital One’s big bet on baseball—and why they think it can help win the credit card loyalty wars
Arts & Entertainment
Capital One’s big bet on baseball—and why they think it can help win the credit card loyalty wars
By Sheryl EstradaJuly 25, 2026
SpaceX may have missed its window to buy Tesla
Big Tech
SpaceX may have missed its window to buy Tesla
By Shawn TullyJuly 25, 2026
Trump has no remaining levers to pull as oil hovers near the $100 ‘psychological’ threshold
Energy
Trump has no remaining levers to pull as oil hovers near the $100 ‘psychological’ threshold
By Jordan BlumJuly 25, 2026
alex
Commentary
I sold my startup for millions without a single dollar in revenue. Here’s why that’s the point
By Alexander Kardos-NyheimJuly 25, 2026
Photo of ballots being counted and sorted
Politics
Nearly 150,000 California mail ballots rejected in June primary, a record high thanks to late-arriving ballots
By The Associated Press and MIchael R. BloodJuly 24, 2026
Photo of the nun
North America
Nun detained by ICE on her way to Mass speaks out for first time: ‘For me, a nun, not to go to Mass…it was very, very heartbreaking’
By The Associated Press, Valerie Gonzalez and Jamie StengleJuly 24, 2026
Court illustration of the author testifying
Law
Salman Rushdie describes a ‘lake of blood’ as his convicted attacker faces terrorism charges tied to the 2022 stabbing
By The Associated Press, John Wawrow and Jennifer PeltzJuly 24, 2026
A gun lays on a table next to a row of ammunition.
Law
Two gun rights groups are suing the U.S. Virgin Islands over concealed carry for nonresidents
By The Associated Press and Danica CotoJuly 24, 2026
Vice President JD Vance sits in on a meeting.
North America
The Secret Service is investigating a member of JD Vance’s detail over a suspected news leak
By The Associated PressJuly 24, 2026
Google logo is displayed on a smartphone in front of the EU Flag.
Cybersecurity
EU strikes Google with $1 billion fine in major crackdown on antitrust regulations even as Trump threatens retaliation
By The Associated Press and Sam McNeilJuly 24, 2026
A supporter holds a sign for Democratic candidate for Texas governor Gina Hinojosa while she speaks during a rally.
Politics
‘There are no rules. It is the wild west of data centers’: Texas Democratic candidates pounce on AI data center projects in Republican strongholds
By The Associated Press and Marc LevyJuly 24, 2026
AI executives demand OpenAI release more details about how the Hugging Face hack happened
AI
AI executives demand OpenAI release more details about how the Hugging Face hack happened
By Emily ForliniJuly 24, 2026
woman yellow shirt standing in front of ring light
Success
Influencer marketing isn’t an experiment anymore as companies expand their creator advertising budgets
By Tatiana SatauaJuly 24, 2026
An overhead map of the location of Pickaxe Mountain and Iran's Natanz nuclear enrichment facility.
North America
Trump threatens to bomb Iran’s deeply buried Pickaxe Mountain nuclear site: ‘There’s not a thing they can do about it’
By The Associated Press and Jon GambrellJuly 24, 2026
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Health
RFK Jr.’s peptide push narrowly gains backing from FDA advisers despite objections from scientists
By The Associated Press and Matthew PerroneJuly 24, 2026
Canada celebrates new Detroit River bridge connecting Ontario to Michigan as 50% tariff feud keeps American officials away
North America
Canada celebrates new Detroit River bridge connecting Ontario to Michigan as 50% tariff feud keeps American officials away
By The Associated Press, Mike Householder and Ed WhiteJuly 24, 2026
dario
AI
Anthropic’s head of economics just explained why we haven’t seen a white-collar bloodbath — yet
By Nick LichtenbergJuly 24, 2026
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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity insteadplaceholder alt text
By Preston ForeJuly 29, 2026
Retail
Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadlineplaceholder alt text
By Sydney LakeJuly 29, 2026
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Mamdani’s pied-à-terre tax was designed to hit the wealthy, but it’s sending most New Yorkers to their estate lawyersplaceholder alt text
By Catherina GioinoJuly 30, 2026
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